New Jersey-Based Pharmaceutical Firm Signs 83K Lease in Rockland County

RK Pharma will occupy the entire Building 215 at the New York Center for Innovation in Pearl River, NY.

PEARL RIVER, NY—A Piscataway, NJ-based pharmaceutical firm has signed a lease for approximately 83,000 square feet at the former Pfizer complex here now known as the New York Center for Innovation.

The lease transaction with RK Pharma was announced by Los Angeles-based Industrial Realty Group, which purchased 207 acres of the campus in late 2015 from Pfizer. IRG purchased approximately 38 buildings of laboratory, pharmaceutical, manufacturing, office and support buildings. At the time the deal was announced, it was reported that Pfizer would retain and operate 500,000 square feet of space and leasebacks approximately 1.2 million square feet of space from IRG.